Let the hive mind of Engadget get that for you.
"I need help! I want a small pocket camcorder but I'm not sure which one to get. I don't want to fall into the hype of the Flip because I worry two hours won't be enough. What should I be looking for when considering a small camcorder and where can I get a good quality one with expandable memory? Thanks!"
The real issues are device locking (ie. can't fast forward, skip the MPAA trailer) and down scaling. As consumers we must never ever allow them to dictate to us, how are content will playback within our home and certainly degrade a product that we paid full price for. There must be full grand fathering of component playback at full resolution.